/
New Allowance Types V12.10P3

FastTrack360 Version 12 Online Help

New Allowance Types V12.10P3

Description

The following new options have been added to the Allowance Type field on the Rates and Rules > Maintenance > Pay Code > Edit Pay Code field for allowance pay codes that are assigned to the country of Australia:

  • Tools

  • Tasks

  • Qualifications/Certificates.

These new allowance types are highlighted in the example shown below.

Benefits

Under Single Touch Payroll (STP) Phase 2 reporting allowance payments for tools, tasks and qualifications/certificates must be itemised separately to other allowance types and therefore this enhancement allows you to configure allowance pay codes accordingly in preparation for STP Phase 2 reporting.

STP Phase 2 reporting capability will be added to FastTrack360 in a future release towards the end of 2022.

For more information about the new allowance types of Tools, Tasks and Qualifications/Certificates, refer to Single Touch Payroll Phase 2 employer reporting guidelines

Configuration

This enhancement enables you to pre-configure allowance pay codes in preparation for STP Phase 2 reporting. However, to avoid STP reporting errors it is important that allowance pay codes with a type of Tools, Tasks and Qualifications/Certificates are not used until STP Phase 2 compatible reporting is available in FastTrack360, which will be available in a future release.

For more information about configuring allowance pay codes, see Configuring Allowance Pay Codes.

 

Related content

Classification-Public